TLE Chap 1

It is the creation of products and services by developing and using resources to meet people's need.

• Entrepreneurship

• Entrepreneur

• Business

• Resources

It is an individual who is highly enterprising and can see and evaluate business opportunities, gather necessary resources, and take advantage and evaluate appropriate actions to ensure the success of a business enterprise.

• Entrepreneurship

• Entrepreneur

• Business

• Resources

It is also known as factors of production. It can help an entrepreneur accomplish the goals of his or her business.

• Business Resources

• Natural Resources

• Nonhuman Resources

• Human Resources

It is provided by nature.

• Business Resources

• Natural Resources

• Nonhuman Resources

• Human Resources

It is the time, money, property, and facilities.

• Business Resources

• Natural Resources

• Nonhuman Resources

• Human Resources

It is the energy, knowledge, abilities, and skills.

• Business Resources

• Natural Resources

• Nonhuman Resources

• Human Resources

Give 3 Qualities of an Enterpreneur

Founder of SM Supermalls

• Henry Sy Sr.

• Tony Tan Caktiong

• Socorro C. Ramos

• Corazon D. Ong

Founder of Jollibee Foods Corporation

• Henry Sy Sr.

• Tony Tan Caktiong

• Socorro C. Ramos

• Corazon D. Ong

Founder of National Bookstore

• Henry Sy Sr.

• Tony Tan Caktiong

• Socorro C. Ramos

• Corazon D. Ong